The City Of Laredo, Texas

General Information

Laredo, Texas real estate is some of the most beautiful real estate in the country. Located nearly 144 miles southwest of San Antonio on the north bank of the Rio Grande, the city is an international point for trade with Mexico and nations farther south. The city has a population of over 230,000 individuals and encompasses an area of nearly 80 square miles. The climate of the city is mild during the winter months and semi-arid in the summer. The average annual precipitation for the city is around 20 inches. The city is surrounded by coastal plains to the east, Mexican mountains to the west, and the Edwards Plateau to the north.

Originally founded in 1755 as part of a Spanish colony, the city is now known as the Seven Flags City for the seven flags representing the city's history that continuously fly over the city. The city is served by the Laredo International Airport, which is located within the city limits, and the Quetzalcoatl International Airport, located across the water in nearby Nuevo Laredo, Mexico. The city is the second fastest growing city in the nation, with only Las Vegas, Nevada growing at a faster rate.

Economy

Nearly 47% of the trade that passes from the United States to Mexico and 36% of Mexico's international trade is routed through the city of Laredo, Texas. The city also has four international bridges that connect Laredo to two Mexican states. The city has the distinction of being one of the oldest border crossing points between the United States and Mexico and has the largest inland entry port in the nation. A great deal of the city's economy is based around imports, exports, and warehousing for both commercial and industrial products. The retail industry also has a strong presence in the city, with numerous shopping malls and retail centers attracting shoppers from all over the area.

There are more than 60,000 Laredo homes located within the city limits, ranging from apartments to luxury homes. The majority of the homes available in the city are single family dwellings. Individuals looking to purchase Laredo real estate may have to look hard for the dwelling that they desire, as the average home occupation rate for the city is over 90%. Much of the architecture of the city is done in the Spanish Colonial style and many of the newer housing developments have stuck with this style to smoothly incorporate the new homes into the city.

Lifestyle

Residents can enjoy the games of four semi-professional sports teams in the city, including hockey (Bucks), baseball (Broncos), soccer (Heat), and football (Lobos). Many residents enjoy the recreational activities that can be found in nearby Lake Casa Blanca International State Park, which is the home of the 1,650 acre Lake Casa Blanca. The city also hosts a variety of festivals for residents and visitors. During the month of February, the city holds its biggest festival, the Washington's Birthday Celebration. The festival lasts for the entire month of February and draws hundreds of thousands of tourists to the area each year. It is considered the largest celebration of its kind in the United States and has been held annually since 1898. The highlights of the festival include an air show, concerts, parades, a carnival, fireworks, and a city-wide prom.

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